IMF warns on global economy

IMF REPORT - The International Monetary Fund has forecast a sharper slowdown in the world economy, following the terrorist attacks in the United States.

The economic recovery, predicted for the last three months of this year, has now been pushed back well into 2002, it says.

And OECD Secretary-General Donald Johnston said the impact of the attacks could seriously affect economic growth in the coming quarters.

"While the target was the United States, these impacts are being felt everywhere," he

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